Akropolis is an Ethereum-based platform designed to support an autonomous financial ecosystem. The project delivers this vision through AkropolisOS, a smart-contract framework that lets developers create DeFi products that are owned and steered by users rather than a single central entity. With a focus on generating returns on assets, Akropolis offers DeFi options such as savings, lending, and investment, helping users access and actively manage their crypto holdings. The platform is built to connect broadly across the Ethereum DeFi landscape, integrating with initiatives and protocols like Compound, Aave, and Maker. Akropolis also targets both newcomers and experienced crypto users by presenting multiple yield-farming and yield-generating pools in one straightforward interface.

Akropolis was co-founded in 2017 by Ana Adrianova and Kate Kurbanova. The project ran two initial private token presales in 2018-one in January and another in June. In 2019, Akropolis completed an initial public offering for its native currency AKRO, raising USD 2.4 million in Ethereum by exchanging for AKRO. AKRO is an ERC-20 token and functions as a governance token. Akropolis mainnet went live on Ethereum in June 2020. In February 2021, the project integrated with Yearn Finance, aiming to provide a simpler way to access Yearn vaults. 

What are Akropolis’s key features and how does it work?

AkropolisOS was created so developers can design DeFi applications, protocols, and dApps that users can participate in managing. It is a Solidity framework for smart-contract-driven, profit-oriented decentralized dApps. Any dApps and protocols built on AkropolisOS work as an Autonomous Finance Organization (AFO), allowing them to run without a central authority or top-down structure. In this model, users take on the role of managers.

Within the AkropolisOS environment, Akropolis has developed Sparta and Delphi. Sparta is a lending protocol that enables users to borrow while providing only 50% collateral. Delphi is a yield-farming aggregator that allows users to earn yield on savings and generate returns through integrated protocols, and it can also be used for dollar-cost averaging. Sparta and Delphi each have their own cryptocurrencies: ASPT and ADEL, respectively.

AKRO, Akropolis’s native token, is used to govern the Akropolis platform. Token holders can submit proposals, raise issues, and vote on changes to the platform’s governing rules. AKRO may be earned by anyone providing liquidity to Akropolis-based protocols and dApps, as well as through staking to support loans and participating in voting. AKRO has a maximum supply cap of 4 billion AKRO tokens.

Akropolis Validator nodes, which verify transactions on the network, receive transaction fees and newly created AKRO for validating block data and voting on protocol updates. To become a validator, a user must stake 1 million AKRO; if they do not have enough individually, they can combine tokens and share validator rewards. At present, the network is intended to have only 30 validators at any given time.

Where can you buy AKRO?

AKRO can be purchased on many CEXs and DEXs listed here. For more pricing information, please check the charts above. Unlike some major cryptocurrencies, AKRO is not directly purchasable with fiat. Still, it can be obtained by first buying other cryptocurrencies (often the largest ones, such as BTC, USDT, and ETH). AKRO’s price will differ by exchange and user demand.